Monetary policy-related, Rate, Percent per annum in Gambia
Gambia: Monetary policy-related, Rate, Percent per annum was 17 in 2024. ▼ Falling
Monetary policy-related, Rate, Percent per annum in Gambia, 1986–2024
Source: International Monetary Fund.
Analysis
Gambia recorded 17 for monetary policy-related, rate, percent per annum in 2024.
That represents a change of down 22.7% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Gambia peaked at 34 in 2003 and was at its lowest, 10, in 2020.
That places Gambia 9th out of 80 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 39 years of available data.
Monetary policy-related, Rate, Percent per annum in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 20.5 | — |
| 1987 | 21 | +2.4% |
| 1988 | 19 | -9.5% |
| 1989 | 18 | -5.3% |
| 1990 | 19.5 | +8.3% |
| 1991 | 18.5 | -5.1% |
| 1992 | 22.5 | +21.6% |
| 1993 | 18.5 | -17.8% |
| 1994 | 18.5 | +0.0% |
| 1995 | 19 | +2.7% |
| 1996 | 19 | +0.0% |
| 1997 | 19 | +0.0% |
| 1998 | 17 | -10.5% |
| 1999 | 15.5 | -8.8% |
| 2000 | 15 | -3.2% |
| 2001 | 18 | +20.0% |
| 2002 | 23 | +27.8% |
| 2003 | 34 | +47.8% |
| 2004 | 33 | -2.9% |
| 2005 | 19 | -42.4% |
| 2006 | 14 | -26.3% |
| 2007 | 15 | +7.1% |
| 2008 | 16 | +6.7% |
| 2009 | 14 | -12.5% |
| 2010 | 15 | +7.1% |
| 2011 | 14 | -6.7% |
| 2012 | 12 | -14.3% |
| 2013 | 20 | +66.7% |
| 2014 | 22 | +10.0% |
| 2015 | 23 | +4.5% |
| 2016 | 23 | +0.0% |
| 2017 | 15 | -34.8% |
| 2018 | 13.5 | -10.0% |
| 2019 | 12.5 | -7.4% |
| 2020 | 10 | -20.0% |
| 2021 | 10 | +0.0% |
| 2022 | 13 | +30.0% |
| 2023 | 17 | +30.8% |
| 2024 | 17 | +0.0% |
Gambia compared with similar countries
- Gambia's 17 is above the median for low income countries, which is 2.5, 6.8× the median. (8 countries reporting)
- Gambia's 17 is above the median for Sub-Saharan Africa, which is 4.5, 3.8× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.62 | 18 | 21 | 4 |
| 1990s | 18.7 | 15.5 | 22.5 | 10 |
| 2000s | 20.1 | 14 | 34 | 10 |
| 2010s | 17 | 12 | 23 | 10 |
| 2020s | 13.4 | 10 | 17 | 5 |
Countries ranked near Gambia
More financial sector data for Gambia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.54 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0036 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.54 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is monetary policy-related, rate, percent per annum in Gambia?
- Monetary policy-related, rate, percent per annum in Gambia was 17 in 2024, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Gambia?
- The highest recorded value was 34 in 2003.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Gambia?
- The lowest recorded value was 10 in 2020.
- How does Gambia rank for monetary policy-related, rate, percent per annum?
- Gambia ranks 9th out of 80 countries with data for 2024.
- Is monetary policy-related, rate, percent per annum rising or falling in Gambia?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is falling.
- Where does this Gambia data come from?
- The figures come from International Monetary Fund, published as part of Monetary policy-related, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.